Surveillance: Debt Pressure with Malpass
Bloomberg Surveillance
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The Tension Between What the IMF Says and What Politicians Say
There's a bit of tension between what the IMF has communicated this week and what politicians have responded with. Chancellor Hunt told us yesterday that he disagrees with your forecast. I spoke to B.S. Adrian literally in the last hour and he said he sees evidence of lending, bank lending, contracting in America. Secretary Yellen says she doesn't see evidence of that.
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